Federal Fiscal Sustainability Foundation Inc.

Our Purpose
To educate “We the People” that “in Order to form a more perfect Union” their state legislatures have the right to propose and the people to ratify an Amendment under Article V of the US Constitution that promotes fiscal sustainability “to secure the blessings of liberty”, peace, and prosperity, for our country, families and future generations of Americans.

Get to Know Our Board of Directors


Immediate Former Comptroller General of the United States

David M. Walker is a nationally and internationally recognized expert in government transformation and fiscal responsibility. He has over 40 years of executive level experience in the public, private and non-profit sectors, including heading three federal agencies, two non-profits, including serving as Comptroller General of the United States and CEO of the U.S. Government Accountability Office (GAO) from 1998-2008. He has also served on many non-profit boards and advisory committees, including serving as a Public Trustee for Social Security and Medicare, and as a member of the Defense Business Board.

Mr. Walker is also a writer, speaker, and media commentator. He is the author of four books and has been featured in several nationally syndicated programs and documentaries. Mr. Walker recently completed serving as the Distinguished Visiting Professor (William J. Crowe Chair) at the U.S. Naval Academy where he taught the Economics of National Security.

David Walker is a non-practicing CPA. He has a B.S. in Accounting from Jacksonville University, an SMG Certificate from the JFK School of Government at Harvard University, and a Capstone Certificate from the National War College. He also holds four honorary doctorate degrees from American University, Bryant University, Jacksonville University and Lincoln Memorial University.


Vice Chairman of the Joint Chiefs of Staff (Ret.)

Admiral Bill Owens began his military career as a nuclear submariner, serving on strategic nuclear-powered and nuclear attack submarines. During Operation Desert Storm, Admiral Owens commanded the U.S. Sixth Fleet. He also served as the deputy chief of Naval Operations for Resources and assisted two Secretaries of Defense (Frank Carlucci and Dick Cheney). Over the span of his military service, Owens spent 2000 days submerged aboard submarines.

From 1994-1996, Admiral Owens was Vice Chairman of the Joint Chiefs of Staff. As the second-ranking United States military officer, he led the effort to reorganize and restructure the armed forces for the post-Cold War era. Owens was the architect of the Revolution in Military Affairs (RMA), which brought an advanced systems technology approach to military operations which has been deemed the most significant change in the military’s system of requirements, budgets and technology since World War II.

In 2004, Admiral Owens became the CEO of Nortel, a Fortune 500 company. In recent years, he served as Chairman and Senior Partner of AEA Investors Asia, an international private equity firm, and as Vice Chairman of the NYSE for Asia. Bill Owens is currently the Executive Chairman of Red Bison Advisory Group which identifies partnership opportunities with proven enterprises around the globe in the areas of natural resources, real estate, and information and communication technology.


Steve H. Hanke is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is also a Senior Fellow at the Independent Institute in Oakland, California, a Senior Adviser at the Renmin University of China’s International Monetary Research Institute in Beijing, and a Special Counselor to the Center for Financial Stability in New York. Hanke is also a Contributing Editor at Central Banking in London and a Contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement and a Distinguished Associate of the International Atlantic Economic Society. He is ranked as the world’s third-most influential economics influencer by FocusEconomics in Barcelona, Spain.

In the past, Prof. Hanke taught economics at the Colorado School of Mines and at the University of California, Berkeley. He served on President Reagan’s Council of Economic Advisers, has been a Senior Adviser to the Joint Economic Committee of the U.S. Congress, has been an adviser to five foreign heads of state and five foreign cabinet ministers, and served as a State Counselor in both Lithuania and Montenegro. Hanke played an important role in establishing new currency regimes in Argentina, Estonia, Bulgaria, Bosnia-Herzegovina, Ecuador, Lithuania, and Montenegro. He has also held senior appointments in the governments of many other countries, including Albania, Kazakhstan, the United Arab Emirates, and Yugoslavia.

Prof. Hanke has been awarded seven honorary doctorate degrees and is an honorary professor at four foreign institutions. In 1998, he was named one of the twenty-five most influential people in the world by World Trade Magazine. In 2020, Hanke was named a Knight of the Order of the Flag.

Prof. Hanke is a well-known currency and commodity trader. Currently, he serves as Chairman of the Supervisory Board of Advanced Metallurgical Group N.V. in Amsterdam and Chairman Emeritus of the Friedberg Mercantile Group Inc. in Toronto. During the 1990s, he served as President of Toronto Trust Argentina in Buenos Aires, the world’s best-performing emerging market mutual fund in 1995.

Prof. Hanke’s most recent book, which he co-authored with Jonas Herby and Lars Jonung, is Did Lockdowns Work? The Verdict on Covid Restrictions, which was published by the Institute of Economic Affairs in London in 2023.

Hanke and his wife, Liliane, reside in Baltimore and Paris.


Emeritus Professor of Economics at the University of Colorado

Barry W. Poulson is Emeritus Professor of Economics at the University of Colorado. He has been a Visiting Professor at several Universities including, Universidad Autonomo De Guadalajara, Mexico; University of North Carolina; Cambridge University; Konan University, Kobe Japan; and Universidad Carlos Tercera, Madrid, Spain.

Dr. Poulson is the author of numerous books and articles in the fields of economic development and economic history. His current research focuses on fiscal policies and fiscal constitutions. He has served on the Colorado Tax Commission and as Vice Chair of the State Treasurer’s Advisory Group on Constitutional Amendments in Colorado.

Professor Poulson is Past President of the North American Economics and Finance Association. He is an Advisor to the Task Force on Tax and Fiscal Policy of the American Legislative Exchange Council and serves as a consultant on fiscal policy and fiscal constitutions to a number of state and national think tanks.


Co-founder, Let Us Vote for a Balanced Budget Amendment Citizen’s Campaign Inc.

David Biddulph is a semi-retired entrepreneur and citizen activist who has been a leader since 1992 in empowering citizens to vote for state and national amendments.

In the 1990s, Mr. Biddulph became the volunteer Florida petition drive coordinator for the “Save Our Homes Amendment. SOH has saved Florida homeowners over $80 billion since voters approved it in 1993.

In 2010, David and his wife Susie founded the Balanced Budget Amendment Task Force to pass on the American Dream to their granddaughters. The BBA Task Force has been instrumental in passing 16 Fiscal Responsibility Article V Applications and 14 “No Runaway Convention” Acts.

In 2022, Dave and Susie launched the STOP Inflating U.S. campaign to encourage citizens to fight back against 40-year high inflation by urging their state and federal representatives to pledge support for a state-drafted, voter approved, Inflation-Fighting Fiscal Responsibility U.S. Amendment.


Articles from our Board Members:


The Post and Courier, March 15, 2022

SC Should Join States Seeking a Convention to Amend US Constitution

By David Biddulph


Real Clear Politics, December 3, 2021

America is One State Away from Constitutional Reform

By Admiral Bill Owens


American Thinker, August 26, 2020

Is it Time for Americans to Adopt the Swiss Debt Brake

By Dr. Barry Poulson


Inside Sources, March 17, 2022

Another Article V Controversy

By Hon. David M. Walker


Newsweek, September 1, 2022

The Greatest National Security Threat No One Is Talking About

Bill Owens, David M. Walker, and Barry W. Poulson


The Washington Times, September 17, 2022

Americans Need a Fiscal Responsibility Amendment to the Constitution

By Dr. Barry Poulson and Hon. David M. Walker

The Federal Fiscal Sustainability Foundation, Inc. is a 501(c)(3) Florida Corporation

Donations are tax-deductible

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